Reaching students is a tough game and yet for banks they are a key market. NatWest's contribution was to offer them a free railcard - a distinctly unsexy offer.In order to hit the 85% of students who organise their finances before coming to university, NatWest targeted their favourite TV programmes, creating a bespoke schedule of multichannel spots as well as key terrestrial spots. To reach the remaining 15% Natwest used IPTV which allows advertising to be targeted only to relevant consumers and inside every student room was an IPTV network called Freewire.
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To drive openings of the NatWest Student Account, NatWest's campaign ran in two phases. The first used conventional TV to target organised students. A mix of multi-channel and key terrestrial spots enabled it to reach 63% of the target audiences at 1+ cover. The second phase aimed to reach the 15% of students who don't sort out their banking until they arrive at college. It used Freewire's IPTV platform and Channel 4 programmes to ensure the ad was only seen by students.